Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsMaybank Islamic MasterCard Ikhwan Platinum/Gold, Another Fantastic 5% Cash Back Card
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 Aug 1 2015, 09:47 AM
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#1
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Junior Member
103 posts Joined: Jun 2015 
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Was at 1U Maybank Card Center to enquire about this card. Need documents like payslips for splitting credit limit from existing M2C.
What surprise me is that Maybank may terminate the card at any point of time if they find out if there's any transaction with non-halal item (e.g. beer purchases in Cold Storage), even if the transaction gone through for quite some time already.  Need to reconsider whether to apply for this.. |
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Aug 4 2015, 09:59 AM
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#2
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Junior Member
103 posts Joined: Jun 2015
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QUOTE(Ramjade @ Aug 2 2015, 02:25 PM) This is what I will do. On statement date, Deposit RM1000 into 1 month FD. From current statement date until next statement date, it is about 1 month. The FD will matured on the statement date. Withdraw and put into M2Savers/Ambank True Savers to earn high interest as one is usually only given 20 days from statement day to payment date to pay. On payment date, withdraw from M2Savers/Ambank True Savers and settle your bills in full Which bank allows minimum deposit of RM1000 into 1 mth FD? The one that that I have requires minimum of RM5000 for 1 mth FD.Repeat the above cycle by depositing fresh RM1000 on statement date. Why would I want to free up my limit when I can have the bank paying me interest and I know how much I spend a month? Banks should work for the individual and not the individual works for the bank.  |
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